- Organization: H&M
- Type: Funding
- Award: 1 Million Euros
- Hosting Country: Stockholm, Sweden
- Application Deadline: October 15,2021
The aim of the Global Change Award is to find and support game-changing innovations that can break the linear traditions of fashion and completely change the way garments are designed, produced, shipped, bought, used and recycled.
We are already using resources equivalent to 1.75 planets a year. The world population is expected to increase by 32% to 10 billion people by 2050. However, the global fashion consumption is expected to increase by 202% during the same time. It’s clear a shift is needed to create a planet positive and regenerative fashion industry. We need to wear our clothes for a longer period and reuse our resources more efficiently in a closed loop.
We look for innovators and entrepreneurs all over the world to submit their ideas. The five most promising innovations are selected by a panel of international experts and announced at a prize ceremony.
The winners share a 1 million euro grant and participate in a one-year tailor-made Innovation Accelerator Program
Click Here for the Official Link
English